Hain Celestial's strategic investments plus continued efforts
to contain costs, increase productivity, and enhance cash flows
and margins, have enabled it to deliver healthy results. The
company, which competes with
General Mills Inc.
(
GIS
), expects to sustain strong momentum as it remains well
positioned to capitalize on the growing global demand for organic
products through acquisitions, which has been a key strategy in
building market share.

Hain Celestial constantly endeavors strategic opportunities to
expand its footprint in organic and natural products and in turn,
"Change the Way the World Eats". Its latest attempt is the
acquisition of Tilda Limited, a renowned name in Basmati rice.
Management believes that the buyout of Tilda will augment the
company's adjusted earnings by 6 cents to 10 cents a share during
the second half of fiscal-year 2014.

Earlier, the company had acquired leading packaged grocery
brands Hartley's, Gale's Robertson's, Frank Cooper's and Sun-Pat
from Premier Foods plc. The company also acquired Ella's Kitchen
Group Limited that offers organic baby food products under
approximately 80 brands and provides them in easy to carry
pouches.

If we look at the company's earnings surprise history over the
last 13 quarters, Hain Celestial has topped estimates by an
average of 4.1%. In the last concluded quarter, the company
posted earnings of 52 cents a share that came a penny ahead of
the Zacks Consensus Estimate and surged 26.8% year over year.
Management cited that strong top-line growth of 32.7%,
integration of acquired businesses and focus on high margin
carrying brands facilitated bottom-line growth.

Management anticipates sales in the range of $2,025 million to
$2,050 million in fiscal 2014, reflecting a year-over-year
increase of 17%. Earnings are projected in the range of $2.95 to
$3.05 per share, up 16% to 20% year over year.

The Zacks Consensus for fiscal 2014 increased 2.3% to $3.09,
while for fiscal 2015 it rose 4.6% to $3.61 per share in the last
90 days.

Please note that once you make your selection, it will apply to all future visits to NASDAQ.com.
If, at any time, you are interested in reverting to our default settings, please select Default Setting above.

If you have any questions or encounter any issues in changing your default settings, please email isfeedback@nasdaq.com.

Please confirm your selection:

You have selected to change your default setting for the Quote Search. This will now be your default target page;
unless you change your configuration again, or you delete your
cookies. Are you sure you want to change your settings?